Title:The Financial Implications of a Banking UnionAuthor(s):ALLEN, Franklin; CARLETTI, Elena; GIMBER, AndrewDate:2012Citation:Thorsten BECK (ed.), Banking Union for Europe: Risks and Challenges, London, Centre for Economic Policy Research, 2012, 115-120Type:Contribution to bookAbstract:With calls for a banking union to resolve the issue of banking interdependence within the Eurozone, this paper explores the reasons behind such a policy, how it should be implemented and the possible ramifications.